| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $834M | — | 35.9% |
| Op. Income | $114M | — | $80M | — | 43.7% |
| Gross Margin | 12.2% | — | 12.1% | — | 0.1pp |
| Net Margin | 9.9% | — | 10.4% | — | -0.5pp |
| EPS (Diluted) | $3.11 | — | $2.38 | — | 30.7% |
| Free Cash Flow | -$5M | — | $94M | — | -105.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $995M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $114M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $15M |
| EBIT | $120M |
| EBITDA | $135M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $995M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $114M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $15M |
| EBIT | $120M |
| EBITDA | $135M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $113M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$948.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$69M |
| Sales/Maturities of Investments | $96M |
| Other Investing Activities | -$50.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$925.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $320M |
| Short-Term Investments | $641M |
| Net Receivables | $802M |
| Inventory | $799M |
| Other Current Assets | $179M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $465M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $682.0K |
| Tax Assets | $15M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $495M |
| TOTAL ASSETS | $3.3B |
| Account Payables | $784M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $218M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $397.0K |
| Additional Paid-In Capital | $233M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$365M |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $8M |
| Net Debt | -$312M |
